EPG 0.00% 41.0¢ european gas limited

Interested to hear opinions on the Quarterlies:December - no...

  1. 18 Posts.
    Interested to hear opinions on the Quarterlies:
    December - no cash payments for production, no receipts (as expected)

    March (inc. Gazonor) - sales 2.5m euro, production cost 625k euro, net 1.9m euro (still negative operating cash flow though due to other items)

    June (inc. Gazonor) - sales 1.4m euro, production cost 1.3m euro, net 0.1m euro

    Understand that sales are down due to weather (from previous post) but why has production cost doubled? I note that other cash flows remain similar.

    This is a big concern - I don't want them spending my money without good reason!
 
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